Operation Round Up exceeds $6 million mark

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February 4, 2020

The Cuivre River Electric Community Trust is celebrating another million dollar milestone.

https://cuivre.com/content/operation-round

Since the Operation Round Up program was founded in 1997, more than $6 million in grants have been awarded to individuals, families and organizations throughout the cooperative’s four-county service area of Lincoln, St. Charles, Warren and Pike counties. The program exceeded the $6 million mark late in 2019.

Last year, 282 grants totaling $355,720.84 were distributed. Of that amount, 138 grants equaling $171,360.25 were issued to individuals and families, 64 grants for $110,360.59 were presented to organizations and 80 college scholarships totaling $74,000 were awarded to students.

Operation Round Up was created to address needs in the areas of health, education, home weatherization, youth, community and emergency services that cannot be met with other resources.

Cuivre River Electric members voluntarily “round up” their electric bill payments each month to the next highest dollar. Over 95 percent of the cooperative’s members participate in Operation Round Up. The average yearly donation is just $6 per member.

Members who wish to donate more each month may enroll in Operation Round Up Plus. This allows for an extra donation amount — such as $1, $5 or more — to be added to their monthly bill. Donations may also be made directly to the Trust or members can choose to donate their capital credit checks to the program.

All contributions are tax-deductible, and 100 percent of the funds allocated to Operation Round Up are used for grants. All program expenses are covered by the cooperative’s general operating budget.

Operation Round Up funds are administered each month by the seven-member volunteer Trust Board. Applications are accepted monthly, with the deadline the final day of each month. The Trust Board reviews each application and meets on the second Thursday of the following month.

Applicants are not required to be CREC members, but they must reside in the cooperative’s service area. For more information, call 636-695-4837 or email tschmidt@cuivre.com. Applications are available at the Troy and Lake Saint Louis offices or can be downloaded here.